RBFX Support Posted September 12 Author Report Share Posted September 12 AUDUSD is poised for growth, supported by global positive sentiment AUDUSD is strengthening for the second consecutive day, with the market favouring risk. Find out more in our analysis for 12 September 2024. AUDUSD technical analysis The AUDUSD H4 chart shows that the market has completed a downward wave, reaching 0.6622. A correction towards 0.6686 is expected today, 12 September 2024. Once the correction is complete, the AUDUSD rate is expected to decline to 0.6650. The AUDUSD pair is rising for the second consecutive day, supported by a growing risk appetite. Read more - AUDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 13 Author Report Share Posted September 13 (edited) Gold (XAUUSD) is rising rapidly, reaching a new all-time high of 2,532 USD XAUUSD price exited a sideways range yesterday, subsequently surpassing an all-time high of 2,532 USD. Gold may continue its ascent. Find out more in our XAUUSD analysis for today, 13 September 2024. XAUUSD technical analysis The XAUUSD H4 chart shows a sideways price range, with boundaries at 2,532 USD and 2,470 USD. Following the release of US inflation data, gold prices rose and broke above the range’s upper boundary, indicating the potential for further upward movement. Gold prices are rising steadily, reaching an all-time high of 2,532 USD after the release of weaker-than-expected US inflation data. Read more - XAUUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Edited September 13 by RBFX Support Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 16 Author Report Share Posted September 16 EURUSD rose: the Fed must be decisive The EURUSD pair has been rising for the third consecutive trading day. Investors are awaiting a 50-basis-point Federal Reserve interest rate cut. Find out more in our analysis for 16 September 2024. EURUSD technical analysis The EURUSD H4 chart shows that the market is forming a consolidation range around 1.1086. The market extended the range down to 1.1073 and up to 1.1104. The price could decline to 1.1055 today, 16 September 2024. After reaching this level, it might rise to 1.1128. The EURUSD pair strengthened its position, with further volatility expected amid the September Federal Reserve meeting. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 17 Author Report Share Posted September 17 USDCHF declines: the US dollar is in a disadvantageous position The USDCHF pair continues to fall, with the Swiss franc benefiting from the weakness of the US dollar. Find out more in our analysis for 17 September 2024. USDCHF technical analysis The USDCHF H4 chart shows that the market has completed a growth wave, reaching 0.8549. A corrective structure has fully formed today, 17 September 2024, aiming for 0.8434. A consolidation range is currently developing above this level. The USDCHF pair remains under pressure until the end of the US Federal Reserve meeting. Read more - USDCHF Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 18 Author Report Share Posted September 18 Gold (XAUUSD) trades near highs ahead of the Fed rate decision XAUUSD price remains near annual highs, awaiting the US Federal Reserve interest rate decision. Its announcement and the press conference of the Federal Reserve chair may give fresh momentum to the stock price. XAUUSD technical analysis The XAUUSD pair is trading within an uptrend on the daily chart, with the price currently hovering around 2,570 USD. After breaking above the sideways range last week, gold price is steadily rising, aiming for the target of the previously formed triangle pattern near 2,600 USD. Gold prices are rallying upwards, reaching the 2,590 USD level this week. Read more - XAUUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 19 Author Report Share Posted September 19 AUDUSD maintains its upward momentum The Federal Reserve interest rate change and stabilising unemployment in Australia supported the Australian dollar. Find out more in our analysis for 19 September 2024. AUDUSD technical analysis The AUDUSD H4 chart shows that the market has pushed the price to 0.6819 on the fundamental background. The price has corrected towards 0.6737 today, 19 September 2024. Following the correction, a growth wave structure is forming, aiming for 0.6825 and potentially continuing towards 0.6855. The US interest rate cut and the AUDUSD technical analysis in today’s AUDUSD forecast suggest that the growth wave could continue towards the 0.6825 and 0.6855 levels. Read more - AUDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 20 Author Report Share Posted September 20 NZDUSD analysis: the market demonstrates risk appetite The NZDUSD pair continues to rise for the third consecutive day, driven by a weaker US dollar and positive risk sentiment. Below is our detailed NZDUSD forecast and analysis for 20 September 2024. NZDUSD technical analysis From a technical perspective, the NZDUSD pair is forming a consolidation range around the 0.6239 level on the H4 chart. Today's outlook for NZDUSD suggests the potential for an upside extension towards the 0.6262 level. The NZDUSD pair continues steadily climbing as investors show growing interest in risk. Read more - NZDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 23 Author Report Share Posted September 23 GBPUSD forecast: USD remains under pressure The GBPUSD rate has risen for the fourth consecutive trading session, remaining below the resistance level at 1.3340. Read more in our analysis for today - 23 September 2024. GBPUSD technical analysis On the H4 chart of GBPUSD, the market has formed a consolidation range around 1.3278. Currently, the range is extended downwards to the level of 1.3222 and upwards to the level of 1.3333. Today, 23 September 2024, we expect an upward exit from this range. Despite the positive UK retail sales data, falling consumer sentiment indicates potential risks for the UK economy, which may limit further GBPUSD growth. Read more - GBPUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 24 Author Report Share Posted September 24 EURUSD daily forecast: the market stabilises and finds its footing EURUSD has stopped its downward momentum and appears to have found stability. Investors expect a period of consolidation. More insights can be found in our EURUSD analysis and forecast for 24 September 2024. EURUSD technical analysis On the H4 chart, EURUSD continues to develop within a consolidation range around the 1.1145 level. The range currently extends to 1.1082, with a potential test of the 1.1142 level from below. The EURUSD pair has weathered a period of decline and is now stabilising. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 25 Author Report Share Posted September 25 EURUSD analysis: weak economic data from Europe limits the pair’s growth The EURUSD rate is correcting after testing a four-week high. Read more in our detailed EURUSD analysis for 25 September 2024, including key signals and market outlook. EURUSD technical analysis On the H4 chart, EURUSD broke through the 1.1180 level and continues its upward trajectory towards 1.1222, which represents a local target. Based on the technical EURUSD outlook for today, 25 September 2024, we anticipate a potential correction to 1.1144 after reaching this target. EURUSD’s growth, driven by Fed rate cut expectations, could be limited by weak European economic data, which has heightened fears of a potential economic slowdown. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 26 Author Report Share Posted September 26 USDJPY rises to a three-week high: trend gaining momentum The USDJPY continues to exhibit upward momentum, climbing to a three-week high as the US dollar garners favour among investors. Read more in our analysis for 26 September 2024. USDJPY technical analysis On the H4 USDJPY chart, the market found support at 142.90 and continued to develop the growth wave. Today, on 26 September 2024, the market broke through the 144.34 level upwards. We can effectively state that the consolidation range has been breached upwards. The USDJPY pair is near a three-week peak due to an improved market sentiment towards the US dollar. Read more - USDJPY Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 27 Author Report Share Posted September 27 (edited) EURUSD analysis: the pair is poised to rise as the US dollar declines for 4 weeks in a row EURUSD is resuming its upward movement. The market is anticipating a significant easing of the Fed’s monetary policy in the future. Read more details in our analysis for 27 September 2024. EURUSD technical analysis On the H4 chart of EURUSD, the market received support at 1.1121. A growth wave to 1.1164 and a correction to 1.1125 have occurred. Today, 27 September 2024, the growth impulse to 1.1188 was realised. We expect the EURUSD to correct to 1.1155. EURUSD may continue to grow. For the US dollar, it would mark the fourth week of decline. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Edited September 27 by RBFX Support Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted September 30 Author Report Share Posted September 30 GBPUSD analysis: growth continues amid uncertain prospects GBPUSD continues to grow, with the pound needing to break out of the sideways channel. Read more in our GBPUSD analysis and forecast for today, 30 September 2024. GBPUSD technical analysis On the H4 chart, GBPUSD continues to develop its growth structure within the ascending channel. GBPUSD has found support near the channel’s lower boundary at 1.3366, and the pair is now moving towards 1.3455. Today’s GBPUSD forecast suggests that this level should be reached, followed by a decline to 1.3380 (at minimum). GBPUSD is in an upward trend, though the rise is expected to be cautious. Read more - GBPUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 1 Author Report Share Posted October 1 Brent crude oil declines moderately, falling below 72.00 USD Brent price failed to overcome the resistance level at 75.00 USD last week and turned downwards. The daily trend is downward, and the decline may continue - read about it in our Brent analysis for today, October 1, 2024. Brent technical analysis Brent oil completed its upward correction and reversed downward from the resistance level of 75.00 USD. Prices have since fallen to the 70.00 USD area, where temporary support from buyers was found. The daily trend remains bearish, suggesting further declines may occur. Brent quotes have formed a downward reversal from the 75.00 USD resistance level. Today’s API oil reserves data could significantly influence Brent’s price forecast. Read more - Brent Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 2 Author Report Share Posted October 2 EURUSD declines sharply: Middle East tensions make investors nervous EURUSD is testing a four-week low. Investors are shying away from risk as tensions escalate. Read more in our detailed EURUSD forecast for 2 October 2024. EURUSD technical analysis On the H4 chart, the EURUSD rate has seen a strong downward impulse to the level of 1.1090. A consolidation range has formed around this level. A break below this range suggests the market could further develop a downside structure towards 1.0982 The EURUSD pair has fallen to a four-week low as market sentiment turns risk-averse. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 3 Author Report Share Posted October 3 AUDUSD analysis: the market remains cautious as AUDUSD continues to decline The AUDUSD is steadily moving away from its recent highs, with the strength of the US dollar applying consistent downward pressure on the Australian dollar (AUD). More details can be found in our AUDUSD analysis and forecast for 3 October 2024. AUDUSD technical analysis Regarding technical analysis, the H4 chart for the AUDUSD pair shows the first wave of decline targeting 0.6845. The price is consolidating around 0.6895 as of 3 October 2024, with an expected breakout to the downside towards the target level of 0.6845. AUDUSD is moving away from the 19-month high amid deteriorating external sentiment. Read more - AUDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 4 Author Report Share Posted October 4 NZDUSD weakens amid challenges in New Zealand’s economy NZDUSD has declined for the fourth consecutive trading session. A detailed analysis for 4 October 2024 provides insights into the key factors behind this movement. NZDUSD technical analysis On the H4 chart of the NZDUSD pair, the market has been on a wave of decline, hitting the level of 0.6207. The price action is close to reaching its calculated local target of the downward wave. As of 4 October 2024, consolidation is likely above the 0.6207 level. NZDUSD rate continues its downward trajectory, pressured by expectations of further monetary easing by the Reserve Bank of New Zealand. Read more - NZDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 7 Author Report Share Posted October 7 EURUSD hits a 2-month low: the US dollar regains favour The EURUSD pair continues to decline, with the market increasingly favouring the US dollar. Find out more in our analysis for 7 October 2024. EURUSD technical analysis The EURUSD H4 chart shows that the market has reached the downward wave’s local target of 1.0951. A correction towards 1.1037 (testing from below) is possible today, 7 October 2024. Subsequently, another decline in the EURUSD rate could follow, with 1.0946 as the first target. The EURUSD pair remains under intense pressure due to the growing market preference for the US dollar. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 10 Author Report Share Posted October 10 AUDUSD found temporary support near 0.6700 AUDUSD quotes have halted their decline and are attempting to reverse upwards after encountering demand from buyers near 0.6700. More details can be found in our analysis for 10 October 2024. AUDUSD technical analysis The AUDUSD H4 chart shows that the market is forming a consolidation range around 0.6735. The AUDUSD rate is expected to break below this range and reach the target level of 0.6682 today, 10 October 2024. The AUDUSD pair is still trading within a downward correction. Read more - AUDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 11 Author Report Share Posted October 11 NZDUSD rises, with the market recouping previous losses The NZDUSD pair is rising, and investors are buying the Kiwi at lows. Discover more in our analysis for 11 October 2024. NZDUSD technical analysis The NZDUSD H4 chart shows that the market has completed a downward wave, reaching 0.6051. A consolidation range has formed above this level. It is worth considering a breakout above the range towards the first target of 0.6138 today, 11 October 2024. The NZDUSD pair is poised for a recovery after a sell-off phase. Read more - NZDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 14 Author Report Share Posted October 14 EURUSD under pressure: the Fed holds off on rate cuts The EURUSD rate is poised for another test of the EMA-200. Find out more in our analysis for 14 October 2024. EURUSD technical analysis The EURUSD H4 chart shows that the market has completed a growth wave, reaching 1.0953, and corrected towards 1.0926, forming the boundaries of a consolidation range around 1.0926. The market has broken below the 1.0926 level. The range could extend towards 1.0898 today, 14 October 2024. The EURUSD rate declines further amid expectations that the Federal Reserve will hold back from substantial interest rate cuts this year. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 15 Author Report Share Posted October 15 USDJPY under pressure: uncertainty about Japan and China intensifies The USDJPY rate is slightly declining after rising for two trading sessions. Find out more in our analysis for 15 October 2024. USDJPY technical analysis The USDJPY H4 chart shows the market has broken above the consolidation range at 149.30. A growth structure is expected to develop today, 15 October 2024, aiming for 150.20. After reaching this level, the USDJPY rate could decline to 149.30 (testing from above). The USDJPY rate remains under pressure amid uncertainty about the BoJ’s monetary policy and the yen’s weakness due to China’s fiscal stimulus package. Read more - USDJPY Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 16 Author Report Share Posted October 16 EURUSD: New York manufacturing activity fell to its lowest level since May The EURUSD rate has been declining for the third consecutive trading session. More details are available in our analysis for 16 October 2024. EURUSD technical analysis The EURUSD H4 chart shows that the market has completed a downward wave towards 1.0881, extending the boundaries of the consolidation range around 1.0916. The price could rise to 1.0916 (testing from below) today, 16 October 2024. After reaching this level, the EURUSD rate is expected to plunge to 1.0833. The data on declining manufacturing activity in New York may deter further declines in the EURUSD rate. This week’s crucial economic reports, including US retail sales and industrial production, may determine the pair's future direction. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 17 Author Report Share Posted October 17 Silver (XAGUSD) price rises, climbing above 31.00 USD The XAGUSD price steadily rose after reversing from the support level near 30.00 USD. The trend is upward, and it is likely to continue. Our XAGUSD analysis for today, 17 October 2024, provides more details and insights. XAGUSD technical analysis XAGUSD quotes continue to rise gradually after receiving strong support from buyers in the price area near 30.00 USD and reversing upwards. Market participants now focus on an annual high of 32.95 USD. If the price surpasses this level, there is potential for growth to 35.00 USD. Silver (XAGUSD) quotes continue ascending within the uptrend, potentially reaching an all-time high of 32.95 USD in the short term. Read more - Silver Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 18 Author Report Share Posted October 18 Gold (XAUUSD) surges, rising above 2,700 USD The XAUUSD price continues its upward rally, reaching a new all-time high of 2,714 USD today. The next growth target could be the 2,750 USD level. Our XAUUSD analysis for today, 18 October 2024, provides more details and insights. [B]XAUUSD technical analysis[/B] Gold rises steadily within an uptrend after a bullish engulfing candlestick reversal pattern formed on the daily chart last week. The quotes are now trading around 2,705 USD, with strong upward momentum continuing. Gold (XAUUSD) prices continue their upward surge within the uptrend, reaching a new all-time high of 2,714 USD. Read more - Gold Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
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